Base Erosion and Profit Shifting: OECD releases its first measures

On 16 September 2014, the Organisation for Economic Co-operation and Development (OECD) released its first recommendations for a coordinated international approach to combat tax avoidance by multinational enterprises. These recommendations are set out under the OECD-G20 Base Erosion and Profit Shifting (BEPS) Project which aims at tackling practices which erode the tax base of companies and artificially shift profits to low or no-tax jurisdictions.

In this context, OECD published the 7 first reports of its Action Plan to help countries to: